Vacation Rentals Now Legal in Pacific Grove

It is now legal to rent a house or condo for your weekend or weekly vacation in Pacific Grove, the quaint town on the tip of the Monterey Peninsula.On Wednesday, January 6, the Pacific Grove City Council unanimously approved an ordinance that will permit rentals for less than 30 days, which had previously been illegal.  The City plans to regulate short-term rentals by registering them, issuing a license, and inspecting them for fire safety, including smoke detectors and fire extinguishers.

Property managers and owners who are renting their homes for less than 30-day periods will be required to collect the same ten percent transient occupancy tax as hotels and motels do.  Visitors should not be surprised to see this surcharge added to the cost of renting a home.

You may have rented a home in Pacific Grove for less than a month in the recent past.  City officials acknowledged that they have been aware that it was going on, despite the ban on such rentals.  The City realized, however, that licensing and taxing those rentals could generate some much-needed income to the city.

Property owners may register their homes by contacting the City of Pacific Grove, or Monterey Bay Property Management has a registration service whereby the management company will register a home for a nominal fee.  Property owners who fail to register their rentals face significant financial penalties.  An additional requirement for property owners who live more than 30 minutes from the property is to have a responsible party who can respond to complaints within 30 minutes.  Monterey Bay Property Management will provide an “on-call” agent for any owner who is managing his or her own property, again for a very nominal fee.

Pacific Grove City Council Votes in Favor of Short-Term Rentals

The Pacific Grove City Council voted unanimously this week to modify a 12-year old restriction on rentals for less than 30 days.  The modification would permit rentals of residential property with registration, licenses, and payment of transient occupancy tax.  This move will not only legitimize activity that has been going on in the City, but will bring in some much-needed cash flow to this great town.

The modification to the City’s rental ordinance could not have come at a better time, since approximately 45,000 people will descend on the Monterey Peninsula in June, 2010, for the U.S. Open at Pebble Beach.

Monterey Bay Property Management will be registering its entire portfolio of Pacific Grove properties in January, once the ordinance is adopted, in an effort to make PG properties available to its customers who desire to rent a home for less than 30 days.

This is also a great opportunity for private property owners who manage their own properties to come out of the closet and be up front and above board about their rental business and contribute to the welfare of the city we all love so much.  For property owners who would like assistance with this process, Monterey Bay Property Management will offer a registration service, as well as a monthly “on-call” service for out-of-town owners who would like a 24/7 contact within arms’ reach of their properties.

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